GLG News by Cement Industry Experts in GLG Member Programs

Kirk CoynePresident and Chief Executive OfficerKSC Ventures Inc

Will the downturn lead to additional consolidation in the construction materials space?

January 16, 2007

Analysis of:Eagle Materials Hovers Until Homebuilding Recovers | www.fool.com

Eagle Materials, a regional US construction materials player may be a microcosm of the industry as a whole, as it pursues an aggressive expansion plan heading into an industry downturn. Perhaps this will lead to additional industry consolidation as valuations become more modest and remaining independents find themselves under pursuit by the global players.

Kirk CoynePresident and Chief Executive OfficerKSC Ventures Inc

US Cement Industry-Is the party over?

December 28, 2006

Analysis of:Housing Drop Contributes to Lower Forecast for Cement | www.cement.org

The housing slump is negatively impacting cement demand in the US in 2006 and 2007.

More importantly, the slowdown in cement consumption will almost certainly lead to a more difficult competitive environment for the industry in the next year or two, even after enjoying widespread prosperity the past three years.

Kirk CoynePresident and Chief Executive OfficerKSC Ventures Inc

Cemex growing into Industry Leader

December 20, 2006

Analysis of:Cemex moves forward with hostile Rinker bid | money.cnn.com

Cemex is pursuing its aggressive growth strategy, both through vertical integration (into concrete) and horizontal integration (into aggregates) with its takeover effort for Rinker.

Cemex is establishing itself as the clear leader in the US construction materials industry, and becoming a global giant in the sector as well.

Cemex's move underscores some of the strategic changes in progress or its on the horizon in the global and U.S. construction materials industry.

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